Innovex International, Inc. Announces Public Offering of Common Stock by Selling Stockholders
Innovex International, Inc.Innovex International, Inc.(US:INVX) Businesswire·2026-02-25 21:46

Core Viewpoint - Innovex International, Inc. announced a public offering of 5,750,000 shares of common stock by certain affiliates of Amberjack Capital Partners, L.P., with an additional option for underwriters to purchase up to 862,500 shares [1] Group 1: Offering Details - The offering will not involve Innovex selling any shares or receiving any proceeds from the sale [1] - The offering is subject to market conditions, and there is no assurance regarding its completion [1] - Innovex intends to repurchase the lesser of 10% or $15 million of the shares being offered at the price received by the selling stockholders [1] Group 2: Underwriters and Registration - J.P. Morgan, Citigroup, Jefferies, and Piper Sandler are acting as joint book-running managers for the offering [1] - The offering will be conducted under a prospectus supplement and base prospectus filed with the SEC as part of a shelf registration statement [1] Group 3: Company Background - Innovex International, Inc. was established in 2024 following the merger of Dril-Quip, Inc. and Innovex Downhole Solutions, Inc. [1] - The company operates globally, providing engineered products to the oil and natural gas industry [1]

Innovex International, Inc. Announces Public Offering of Common Stock by Selling Stockholders - Reportify